The Experts below are selected from a list of 26949 Experts worldwide ranked by ideXlab platform
Lee-lee Chong - One of the best experts on this subject based on the ideXlab platform.
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how past perceived portfolio returns affect financial behaviors the underlying Psychological Mechanism
Research in International Business and Finance, 2017Co-Authors: Mohammad Tariqul Islam Khan, Siow-hooi Tan, Lee-lee ChongAbstract:Abstract The study proposes and tests the underlying Psychological Mechanisms on how investors’ past perceived portfolio returns affect their trading and risk taking, and if these Psychological Mechanisms are significant mediators. Using a covariance based structural equation modeling and multiple mediation tests with a dataset of Malaysian retail investors, the results show that: (a) In line with the naive reinforcement learning, hot-hand fallacy and representativeness heuristics, investors’ excessive extrapolation of past perceived portfolio returns causes them to display optimism, overconfidence and risky attitude; (b) these Psychological biases, in turn, lead to portfolio turnover, trading intention, risky share holding and willingness of risk taking; and (c) overconfidence, optimism and risk attitude emerged as multiple mediators. The results lead to the conclusion that the presence of underlying biases deteriorates financial behaviors.
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How past perceived portfolio returns affect financial behaviors—The underlying Psychological Mechanism
Research in International Business and Finance, 2017Co-Authors: Mohammad Tariqul Islam Khan, Siow-hooi Tan, Lee-lee ChongAbstract:Abstract The study proposes and tests the underlying Psychological Mechanisms on how investors’ past perceived portfolio returns affect their trading and risk taking, and if these Psychological Mechanisms are significant mediators. Using a covariance based structural equation modeling and multiple mediation tests with a dataset of Malaysian retail investors, the results show that: (a) In line with the naive reinforcement learning, hot-hand fallacy and representativeness heuristics, investors’ excessive extrapolation of past perceived portfolio returns causes them to display optimism, overconfidence and risky attitude; (b) these Psychological biases, in turn, lead to portfolio turnover, trading intention, risky share holding and willingness of risk taking; and (c) overconfidence, optimism and risk attitude emerged as multiple mediators. The results lead to the conclusion that the presence of underlying biases deteriorates financial behaviors.
Mohammad Tariqul Islam Khan - One of the best experts on this subject based on the ideXlab platform.
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how past perceived portfolio returns affect financial behaviors the underlying Psychological Mechanism
Research in International Business and Finance, 2017Co-Authors: Mohammad Tariqul Islam Khan, Siow-hooi Tan, Lee-lee ChongAbstract:Abstract The study proposes and tests the underlying Psychological Mechanisms on how investors’ past perceived portfolio returns affect their trading and risk taking, and if these Psychological Mechanisms are significant mediators. Using a covariance based structural equation modeling and multiple mediation tests with a dataset of Malaysian retail investors, the results show that: (a) In line with the naive reinforcement learning, hot-hand fallacy and representativeness heuristics, investors’ excessive extrapolation of past perceived portfolio returns causes them to display optimism, overconfidence and risky attitude; (b) these Psychological biases, in turn, lead to portfolio turnover, trading intention, risky share holding and willingness of risk taking; and (c) overconfidence, optimism and risk attitude emerged as multiple mediators. The results lead to the conclusion that the presence of underlying biases deteriorates financial behaviors.
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How past perceived portfolio returns affect financial behaviors—The underlying Psychological Mechanism
Research in International Business and Finance, 2017Co-Authors: Mohammad Tariqul Islam Khan, Siow-hooi Tan, Lee-lee ChongAbstract:Abstract The study proposes and tests the underlying Psychological Mechanisms on how investors’ past perceived portfolio returns affect their trading and risk taking, and if these Psychological Mechanisms are significant mediators. Using a covariance based structural equation modeling and multiple mediation tests with a dataset of Malaysian retail investors, the results show that: (a) In line with the naive reinforcement learning, hot-hand fallacy and representativeness heuristics, investors’ excessive extrapolation of past perceived portfolio returns causes them to display optimism, overconfidence and risky attitude; (b) these Psychological biases, in turn, lead to portfolio turnover, trading intention, risky share holding and willingness of risk taking; and (c) overconfidence, optimism and risk attitude emerged as multiple mediators. The results lead to the conclusion that the presence of underlying biases deteriorates financial behaviors.
Siow-hooi Tan - One of the best experts on this subject based on the ideXlab platform.
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how past perceived portfolio returns affect financial behaviors the underlying Psychological Mechanism
Research in International Business and Finance, 2017Co-Authors: Mohammad Tariqul Islam Khan, Siow-hooi Tan, Lee-lee ChongAbstract:Abstract The study proposes and tests the underlying Psychological Mechanisms on how investors’ past perceived portfolio returns affect their trading and risk taking, and if these Psychological Mechanisms are significant mediators. Using a covariance based structural equation modeling and multiple mediation tests with a dataset of Malaysian retail investors, the results show that: (a) In line with the naive reinforcement learning, hot-hand fallacy and representativeness heuristics, investors’ excessive extrapolation of past perceived portfolio returns causes them to display optimism, overconfidence and risky attitude; (b) these Psychological biases, in turn, lead to portfolio turnover, trading intention, risky share holding and willingness of risk taking; and (c) overconfidence, optimism and risk attitude emerged as multiple mediators. The results lead to the conclusion that the presence of underlying biases deteriorates financial behaviors.
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How past perceived portfolio returns affect financial behaviors—The underlying Psychological Mechanism
Research in International Business and Finance, 2017Co-Authors: Mohammad Tariqul Islam Khan, Siow-hooi Tan, Lee-lee ChongAbstract:Abstract The study proposes and tests the underlying Psychological Mechanisms on how investors’ past perceived portfolio returns affect their trading and risk taking, and if these Psychological Mechanisms are significant mediators. Using a covariance based structural equation modeling and multiple mediation tests with a dataset of Malaysian retail investors, the results show that: (a) In line with the naive reinforcement learning, hot-hand fallacy and representativeness heuristics, investors’ excessive extrapolation of past perceived portfolio returns causes them to display optimism, overconfidence and risky attitude; (b) these Psychological biases, in turn, lead to portfolio turnover, trading intention, risky share holding and willingness of risk taking; and (c) overconfidence, optimism and risk attitude emerged as multiple mediators. The results lead to the conclusion that the presence of underlying biases deteriorates financial behaviors.
Fan Wang - One of the best experts on this subject based on the ideXlab platform.
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the potential Psychological Mechanism of subjective well being in migrant workers a structural equation models analysis
International Journal of Environmental Research and Public Health, 2019Co-Authors: Hao Chen, Lei Wang, Yanxia Wei, Junming Dai, Junling Gao, Fan WangAbstract:Objective: The aim of this study was to identify the potential Psychological Mechanism of well-being in migrants in Shanghai, China. Methods: A cross-sectional study was conducted in 2018. First, a literature review was conducted to understand the salutogenesis of migrants in China. Then, 2573 random participants were recruited from six workplaces and public places in six districts of Shanghai. The Chinese versions of the Patient Health Questionnaire-9 (PHQ-9), the Personal Wellbeing Index (PWI), and the Sense of Coherence (SOC) Scale were used to evaluate the depression, subjective well-being (SWB), and SOC of migrants. The t-test, ANOVA, and multiple linear regression and structural equation models (SEM) were used to analyze the correlations and paths among generalized resistant resources (GRRs), SOC, PHQ, and SWB. Results: The subjects were aged between 18 and 58 (mean, 28.17; SD, 6.99). SOC showed a positive correlation with SWB (r = 0.46, p < 0.001) and a negative correlation to PHQ (r = −0.53, p < 0.001). After controlling for the demographic characteristics, we found that PHQ, SOC (comprehensibility, manageability, meaningfulness), and GRRs (income ratio, marital status) contributed 33.3% of the variance in SWB, and their linear regression coefficients were: −0.32 (p < 0.001), 0.09 (p < 0.001), 0.09 (p < 0.001), 0.15 (p < 0.001), 0.06 (p < 0.05), and 0.16 (p < 0.05), respectively. These findings not only confirmed the direct association among SOC, PHQ and SWB, but also verified two underlying Mechanisms regarding the mediating effect of SOC by using SEM: (1) GRRs (income ratio, marital status) are positively associated with a higher SOC, which further contributes to favorable SWB; and (2) PHQ is negatively associated with poor SWB indirectly via SOC. Conclusion: Migrant workers with low SOC and high PHQ are vulnerable to poor well-being levels. Meanwhile, GRRs (income ratio, marital status) may strengthen the SOC level, and can be regarded as the basis of intervention. Further investigation may be needed to focus on external Psychological support factors.
Michael F Dahlstrom - One of the best experts on this subject based on the ideXlab platform.
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the persuasive influence of narrative causality Psychological Mechanism strength in overcoming resistance and persistence over time
Media Psychology, 2012Co-Authors: Michael F DahlstromAbstract:The impact of narrative persuasion depends on the location of its persuasive information relative to the cause-and-effect structure within the narrative, yet, the bounds of this structural influence remain unknown. This study examines the a) underlying Psychological Mechanism, b) strength in overcoming Psychological resistance, and c) persistence over time of narrative causality effects on information acceptance. Results suggest causality effects occur during initial stages of comprehension, which serve to shield the influence from external moderators, such as preexisting worldviews. The effect also remained constant over a two-week delay. Results serve to Psychologically explain the narrative causality effect and suggest it remains robust over a wide range of conditions, potentially being useful for persuasion of otherwise resistant audiences.
